Welt: Washington and Moscow are ready to open their “cards” in fight, “Nord stream-2”

Welt: Washington and Moscow are ready to open their “cards” in fight, “Nord stream-2”

According to the newspaper, US policy will not prevent the implementation of gas pipeline project.

United States of America for a long time trying to prevent the construction of the gas pipeline “Nord stream-2” between Russia and Germany. According to the newspaper Die Welt, Donald trump there is one possible move to impose sanctions against European companies but Moscow will be your trump card in response (eng. trump = trump card superior to the other suit. — approx. “The storm”).

The participants of the recent world gas conference, held last week in Washington, raised the question of how far are willing to go the us President to stop the “Nord stream-2”. The newspaper reminds about the US efforts to prevent the implementation of the project of sanctions against certain EU countries and offer a “new trade agreements” Germany in case of refusal of Berlin from the support of the project. So far, these attempts have not crowned success, reminiscent of the Welt.

Experts have suggested that the last card that can be played by trump, are economic sanctions against five companies funding the project. This Engie French, Dutch Shell, OMV from Austria and two German companies Wintershall and Uniper. According to Welt, the plans have already studied the US state Department.

However, even such a move does not guarantee success, according to the newspaper, Russia has the opportunity to complete the financing of the pipeline on its own.

“The project is securely funded. It is very important for Gazprom, and Russia is now the high liquidity in euros,” said Paul Corcoran, the chief financial Director of Nord Stream AG, 2.

The reason for the high liquidity of the Euro in Russia is simple — the country continues to sell gas to the EU countries, but can not actively spend these funds in connection with the entered against it sanctions. So the supply of euros may serve to Finance the “Nord stream-2” in that case, if US pressure forced him to withdraw from the European partners of Gazprom. The Commissioner Maros Sefcovic, not too friendly to the project, has said that Brussels will not accept quietly of U.S. sanctions against involved in the gas pipeline companies.

The project of the pipeline “Nord stream — 2” involves the construction of two lines with a total capacity of 55 billion cubic meters of gas per year. Pipes will be laid under the Baltic sea from Russia to the German coast. The new pipeline is planned to be build next to the already existing “Northern stream — 1”. Against the implementation of the project, a number of countries, including USA, Denmark and Ukraine.